Chaheng Precision (Taiwan) Price on June 14, 2023

4546 Stock  TWD 89.90  1.00  1.10%   
If you're considering investing in Chaheng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chaheng Precision stands at 89.90, as last reported on the 22nd of December, with the highest price reaching 89.90 and the lowest price hitting 85.60 during the day. Chaheng Precision secures Sharpe Ratio (or Efficiency) of -0.0477, which signifies that the company had a -0.0477% return per unit of standard deviation over the last 3 months. Chaheng Precision Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chaheng Precision's risk adjusted performance of (0.02), and Mean Deviation of 0.7909 to double-check the risk estimate we provide.
  
Chaheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0477

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Estimated Market Risk

 1.24
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chaheng Precision is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chaheng Precision by adding Chaheng Precision to a well-diversified portfolio.

Chaheng Precision Valuation on June 14, 2023

It is possible to determine the worth of Chaheng Precision on a given historical date. On June 14, 2023 Chaheng was worth 74.18 at the beginning of the trading date compared to the closed value of 73.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chaheng Precision stock. Still, in general, we apply an absolute valuation method to find Chaheng Precision's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Chaheng Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chaheng Precision's related companies.
 Open High Low Close Volume
  76.36    76.36    72.10    73.68    95,642  
06/14/2023
  74.18    74.18    72.39    73.88    62,754  
  74.38    77.15    74.38    77.05    54,374  
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Open Value
74.18
73.88
Closing Value
77.91
Upside

Chaheng Precision Trading Date Momentum on June 14, 2023

On June 15 2023 Chaheng Precision Co was traded for  77.05  at the closing time. The highest price during the trading period was 77.15  and the lowest recorded bid was listed for  74.38 . The volume for the day was 54.4 K. This history from June 15, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 4.29% . The overall trading delta to the current price is 4.43% .

Chaheng Precision Fundamentals Correlations and Trends

By evaluating Chaheng Precision's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Chaheng Precision's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chaheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chaheng Precision Stock history

Chaheng Precision investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Chaheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chaheng Precision will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Chaheng Precision stock prices may prove useful in developing a viable investing in Chaheng Precision
Chaheng Precision Co., Ltd. develops, produces, manufactures, and sells aero-engine components in Taiwan. The company was founded in 1997 and is headquartered in Kaohsiung, Taiwan. CHAHENG PRECISION operates under Aerospace Defense classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 304 people.

Chaheng Precision Stock Technical Analysis

Chaheng Precision technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chaheng Precision technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chaheng Precision trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chaheng Precision Period Price Range

Low
December 22, 2024
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High

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 0.00 

Chaheng Precision Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Chaheng Precision December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Chaheng Precision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chaheng Precision shares will generate the highest return on investment. By undertsting and applying Chaheng Precision stock market strength indicators, traders can identify Chaheng Precision Co entry and exit signals to maximize returns

Chaheng Precision Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chaheng Precision's price direction in advance. Along with the technical and fundamental analysis of Chaheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chaheng to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Chaheng Stock Analysis

When running Chaheng Precision's price analysis, check to measure Chaheng Precision's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chaheng Precision is operating at the current time. Most of Chaheng Precision's value examination focuses on studying past and present price action to predict the probability of Chaheng Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chaheng Precision's price. Additionally, you may evaluate how the addition of Chaheng Precision to your portfolios can decrease your overall portfolio volatility.